Will the UK Rejoin the EU under Labour Leadership?

The UK General Election and Brexit: A Historic Turning Point

On Thursday, July 4th, the UK faced a historic election.
For the first time since 2010, the Conservative Tory Party lost the general elections, handing over power to the rival Labour Party.

The Lead-up to the Election

Polls had already indicated a landslide victory for the Labour Party.
A Politico survey on July 3rd showed a 40% preference for Labour, with the Conservatives plummeting to 22%.
The situation was so dire that the current Prime Minister Rishi Sunak risked losing in his own constituency in the Yorkshire region, as reported by The Guardian.

A Record of Tory Controversies

The Tories have faced controversies during their 14-year tenure, with former Prime Minister Liz Truss holding the record for the shortest term in British history – a mere 44 days.
Her tax reduction plan led to economic turmoil and a historic low for the pound.

The Legacy of Brexit

The aftermath of the 2016 Brexit Referendum still looms large.
With 55% of Britons now regretting the decision to leave the EU, and only 33% standing by it, the discussion now centers on the possibility of the UK rejoining the EU under new leadership.

Roots of Brexit

The 2008 financial crisis set the stage for the 2016 referendum, with austerity measures implemented by the Cameron government exacerbating income inequality and societal discontent.
Blaming the EU for austerity measures, right-wing factions fueled anti-EU sentiment, culminating in the Brexit vote.

Effects of Brexit

Despite promises of regulatory independence, reduced immigration, and increased public service funding, Brexit has led to increased bureaucracy for British businesses and a decline in new company formations.

Labour’s Stance on EU Reentry

While the Labour Party’s Keir Starmer has rejected immediate reentry into the EU, favoring a more gradual approach, the majority of Labour voters support rejoining the EU.
With both Labour and Tory voters showing Brexit remorse, a slow realignment towards the EU seems likely in the future.

In conclusion, with the disastrous impact of Brexit on the UK economy, rejoining the EU remains a contentious issue, with both major parties navigating the complexities of a potential return.